Tap Real Estate Technologies, Inc. (RWAX) Asset Utilization Ratio (2022 - 2024)
Tap Real Estate Technologies (RWAX) posted Asset Utilization Ratio of 0.39 for Q3 2024, little changed sequentially from 0.39 in Q2 2024, and down 19.53% YoY from 0.48 in Q4 2023.
Tap Real Estate Technologies, Inc. (RWAX) Asset Utilization Ratio (2022 - 2024) Analysis & Trends
Tap Real Estate Technologies has reported Asset Utilization Ratio for 3 years, with the latest figure at 0.39 in Q3 2024.
- Quarterly Asset Utilization Ratio fell 19.53% year-over-year to 0.39 in Q3 2024, while the trailing twelve-month figure through Sep 2024 was 0.39 (down 19.53% YoY) and the FY2023 annual result came in at 0.38, up 506.66% from the prior year.
- Asset Utilization Ratio was little changed at 0.39 in Q3 2024 per RWAX's latest filing, from 0.39 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.87 in Q4 2023 and troughed at 0.06 in Q3 2022.
- A 3-year average of 0.37 and a median of 0.39 in 2024 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2023 and 2024: Asset Utilization Ratio surged 751.19% in 2023, then dropped 19.53% in 2024.
- Over 3 years, Asset Utilization Ratio stood at 0.15 in 2022, then soared by 483.78% to 0.87 in 2023, then slumped by 55.17% to 0.39 in 2024.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.39, 0.39, and 0.52 for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 0.39 |
| Jun 30, 2024 | 0.39 |
| Mar 31, 2024 | 0.52 |
| Dec 31, 2023 | 0.87 |
| Sep 30, 2023 | 0.48 |
| Jun 30, 2023 | 0.31 |
| Mar 31, 2023 | 0.21 |
| Dec 31, 2022 | 0.15 |
| Sep 30, 2022 | 0.06 |